Consumer Protection Act; foreclosure rescues. (SB1169)

Introduced By

Sen. John Watkins (R-Midlothian)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Consumer Protection Act; foreclosure rescues. Provides that the prohibition on fraudulent acts or practices committed by a supplier in a consumer transaction involving residential real property owned and occupied as the primary dwelling unit of the owner applies when the supplier of service to avoid or prevent foreclosure charges or receives a fee (i) prior to the full and complete performance of the services it has agreed to perform, if the transaction does not involve the sale or transfer of residential real property, or (ii) prior to the settlement on the sale or transfer of residential real property, if the transaction involves the sale or transfer of the property. Currently, any practice where a supplier of a foreclosure avoidance or prevention service is to be paid a fee prior to the settlement on a sale of residential real property is prohibited, regardless of whether the fee is charged or collected as part of the transaction involving a sale of the property. Read the Bill »


Bill Has Passed


01/13/2009Prefiled and ordered printed; offered 01/14/09 090523806
01/13/2009Referred to Committee on Commerce and Labor
01/23/2009Impact statement from DPB (SB1169)
02/02/2009Reported from Commerce and Labor with substitute (14-Y 0-N) (see vote tally)
02/03/2009Committee substitute printed 090204348-S1
02/04/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/05/2009Read second time
02/05/2009Reading of substitute waived
02/05/2009Committee substitute agreed to 090204348-S1
02/05/2009Engrossed by Senate - committee substitute SB1169S1
02/05/2009Impact statement from DPB (SB1169S1)
02/06/2009Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/13/2009Placed on Calendar
02/13/2009Read first time
02/13/2009Referred to Committee for Courts of Justice
02/18/2009Assigned Courts sub: Civil
02/18/2009Subcommittee recommends reporting
02/20/2009Reported from Courts of Justice (22-Y 0-N) (see vote tally)
02/24/2009Read second time
02/25/2009Read third time
02/25/2009Passed House BLOCK VOTE (100-Y 0-N)
02/25/2009VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
03/04/2009Bill text as passed Senate and House (SB1169ER)
03/05/2009Signed by President
03/06/2009Signed by Speaker
03/09/2009Impact statement from DPB (SB1169ER)
03/27/2009G Approved by Governor-Chapter 272 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0272)

Duplicate Bills

The following bills are identical to this one: HB2261.